PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFBPX)
PIMCO International Bond Fund (U.S. Dollar-Hedged) operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $9.70, up 0.00% on the session, giving a market capitalisation of $20.39B. Its beta of 0.53 implies it has historically moved less than the broad market.
This fund aims to achieve its financial goals by allocating a substantial portion, specifically at least 80%, of its assets to fixed-income securities during typical market conditions. These bond investments will specifically be connected to the economies of a minimum of three countries outside the United States. While the portfolio's main focus is on high-quality, investment-grade debt, it does have the flexibility to commit up to 10% of its total value to lower-rated, higher-risk bonds, commonly known as "junk bonds." The creditworthiness of these securities is assessed by major rating agencies like Moody's, S&P, or Fitch, or by PIMCO's own determination if a bond lacks an official rating. It operates as a non-diversified investment vehicle.
PIMCO International Bond Fund (U.S. Dollar-Hedged) is most often compared with the following Financial Services names: